Luxembourg: Market for Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground 2024

Market Size for Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground in Luxembourg

The Luxembourg market for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground soared to $X in 2022, with an increase of 182% against the previous year. Over the period under review, consumption recorded a significant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground in Luxembourg

In value terms, production of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground declined notably to $X in 2022 estimated in export price. Overall, production saw a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 229%. Over the period under review, production of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout mass (body tinted), opacified, flashed or merely surface ground reached the peak level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Exports of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground

Exports from Luxembourg

In 2022, the amount of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground exported from Luxembourg declined significantly to X square meters, shrinking by -66.6% compared with the previous year. In general, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2014 with an increase of 29% against the previous year. Over the period under review, the exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout mass (body tinted), opacified, flashed or merely surface ground reached the maximum at X square meters in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground contracted remarkably to $X in 2022. Overall, exports continue to indicate a abrupt setback. The growth pace was the most rapid in 2018 with an increase of 34% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

France (X square meters), Germany (X square meters) and Belgium (X square meters) were the main destinations of exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground from Luxembourg, with a combined 67% share of total exports. Spain, Italy, the Netherlands, the UK and Poland lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +14.3%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground exported from Luxembourg were France ($X), Germany ($X) and Belgium ($X), with a combined 59% share of total exports. Spain, Italy, the UK, the Netherlands and Poland lagged somewhat behind, together accounting for a further 29%.

Among the main countries of destination, Spain, with a CAGR of +16.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average export price for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground amounted to $X per square meter, flattening at the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 29% against the previous year. As a result, the export price reached the peak level of $X per square meter. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per square meter), while the average price for exports to the Netherlands ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground

Imports into Luxembourg

In 2022, purchases abroad of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground increased by 98% to X square meters, rising for the third year in a row after two years of decline. In general, imports showed a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground skyrocketed to $X in 2022. Over the period under review, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Germany (X square meters) constituted the largest supplier of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground to Luxembourg, with a 62% share of total imports. Moreover, imports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground from Germany exceeded the figures recorded by the second-largest supplier, Spain (X square meters), fivefold. The UK (X square meters) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled +22.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+200.7% per year) and the UK (+59.6% per year).

In value terms, Germany ($X) constituted the largest supplier of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground to Luxembourg, comprising 54% of total imports. The second position in the ranking was taken by Spain ($X), with a 23% share of total imports. It was followed by the UK, with a 13% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +28.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+220.4% per year) and the UK (+56.2% per year).

Import Prices by Country

The average import price for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground stood at $X per square meter in 2022, jumping by 41% against the previous year. Overall, the import price posted prominent growth. The pace of growth was the most pronounced in 2016 an increase of 61%. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per square meter), while the price for Poland ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform